Paladin Realty Invests in PYPS Brazilian Housing Venture
Paladin Realty Partners, LLC, a leading real estate investment fund manager focused on Latin America, today announced affiliates of the firm have completed an investment in a new low- and middle-income housing platform called PYPS that intends to construct four projects in or near São Paulo, Brazil. Paladin committed approximately $30 million to the Company. Paladin partnered with 15-yearold YPS, which focuses on developing low- and middle-income housing around São Paulo. Since 1999, Paladin Realty has been an active investor in over 50 low- and middle-income housing projects in Brazil totaling more than 11,000 units and $1 billion of total capitalization…
Paladin Realty Partners, LLC, a leading real estate investment fund manager focused on Latin America, today announced affiliates of the firm have completed an investment in You Inc. Incorporadora e Participações S.A. (“You Inc.” or “the Company”), a two-year-old mid‐sized homebuilder headquartered in São Paulo, Brazil. Paladin committed approximately $40 million to the Company. Proceeds of the investment will be used for project equity requirements, land purchases and the Company’s working capital needs…
Paladin Realty Partners, LLC, a leading real estate investor and developer in Latin America, today announced its Paladin Realty Latin America Investors III, LP fund has finalized its investment in a new venture called Orange, a homebuilding platform based in Monterrey, Mexico. Paladin Realty’s partner in the deal is Orange, Ltd. a SA, a vertically-integrated real estate company, founded in 2005 and based in Monterrey, Mexico that focuses on high-density urban developments, including mixed-use, office, retail, and multi-family…
Paladin Realty Partners, LLC, a leading real estate investor and developer in Latin America, today announced its Paladin Realty Latin America Investors III, LP fund has finalized its first investment in Colombia with the creation of Pali-Trocha, a homebuilding platform based in Bogota, in partnership with La Trocha, Ltd., a 30-year-old family development firm focusing on higher density, highly designed housing and commercial projects in Bogota’s upper income neighborhoods…
Paladin Realty Partners, LLC, a leading real estate investor and developer in Latin America as well as a multi-family housing investor in the United States, today announced two executive promotions. Reza Basharzad has been named Vice President, with investor relations, reporting and fund administration responsibilities. In addition, Gisele Narisawa has been promoted to Controller for Latin America, with responsibilities for asset management and accounting in that region. Both are based in the firm’s Los Angeles headquarters…
Paladin Realty Partners LLC, a leading emerging markets institutional real estate fund manager, announced today that it has held the final closing of Paladin Realty Brazil Investors III, LP, a $100 million Brazil side car fund to its third Latin America regional real estate fund, Paladin Realty Latin America InvestorsIII, LP. The Brazil IIIside car brings the combined Latam III/Brazil III fund capital commitments to $554 million. The fund’s investors include several leading U.S. pension funds and other institutional investorsfrom the U.S., Europe and the Gulf. When combined with local partner equity and relatively modest leverage, the fund hasthe potential to investinmore than $1.5 billion of assets acrossthe region….
Paladin Realty Partners LLC, a Los Angeles based real estate investment management firm, announced today that its third Latin America real estate fund, Paladin Realty Latin America Investors III LP, has acquired a controlling interest in INPAR S.A. Founded in 1991, INPAR (www.Inpar.com.br; Bovespa: INPR3) is one of Brazil’s largest publicly‐traded real estate companies, with a primary focus on developing housing for the country’s growing middle‐class. Currently operating in 17 states throughout Brazil, INPAR has developed over 14,000 residential units and 9 million square feet of commercial property…